British Pound / Canadian Dollar
Please login to share your trading experiences!
EUR/USD, USD/CAD, GBP/CAD EURUSD shorts at first resistance at 1.1610/20 are working today. USDCAD remains in a sideways range, good for scalping opportunities only as we hold first resistance again at 1.2420/40. Shorts stop above 1.2450. GBPCAD did not break lower but is holding around the low. Dai
As highlighted yesterday to EUR/NZD correlations to EUR/USD at +42% and +10% to NZD/USD, GBP/NZD begins the year in a far worse situation than EUR/NZD. GBP/NZD correlations to GBP/USD runs minus 25% and minus 62% to NZD/USD. To re correlate correctly to either GBP/USD or NZD/USD, GBP/NZD must move s
AUDJPY shorts at 8155/75 worked perfectly with a high for the day here & a dip to 8090. EURJPY shorts at strong resistance at 128.80/129.00 worked perfectly with a high for the day here & a 100 pip profit on the slide to 128.00/127.90 for profit-taking. In fact we saw a low for the day here.
Welcome to this week’s Market Blast Technicals. I’m Brad Alexander and on behalf of Valutrades, today we will look at EURNZD, AUDUSD, GBPCAD, Brent Crude (UKOil), the DAX (DE40), and the FTSE (UK100). We have to start this video with a “non-technical” look at the markets as, just this morning, the C
This week saw the GBP gain sharply on expectations of a December rate hike for the Bank of England. With UK inflation surging higher and employment showing strength the two boxes that the Bank of England needed ticking for a hike have been fulfilled. Will we see the GBPCAD rally higher into next wee
#OPINIONLEADER# #Signal# SELL GBPCAD 1.7462 SL: 1.7492 TP1: 1.7442 TP2: 1.7422 TP3: 1.7402 Signal Analysis by LCMS Traders Currency Pair: GBPCAD SELL GBPCAD 1.7462 Timeframe: H1 Step 1 - Previous News: GBP: UK CPI y/y strong rise in inflation, CAD:
EUR/USD, USD/CAD, GBP/CAD EURUSD breaks support at 1.1620/00 so this is now working as resistance. It is difficult to trade the pair as the daily ranges are small & we are mostly trading sideways. USDCAD shorts at first resistance at 1.2420/40 this trade worked perfectly on the collapse to 1.237
EUR/USD, USD/CAD, GBP/CAD EURUSD we have a confirmed sell signal for the US dollar so further gains are expected. USDCAD broke the August low at 1.2448 to target 1.2420/10 & eventually minor support at 1.2310/1.2290. This was yesterday’s low for the day. GBPCAD we have shorts at first resistance
EUR/USD, USD/CAD, GBP/CAD EURUSD bottomed exactly at the strongest support for this week at 1.1700/1.1680 yesterday as we look for first target 1.1745/50. USDCAD remains in an erratic & random sideways trend for more than 2 months. GBPCAD longs best support at 1.7440/30 worked perfectly on the b
For the experience and according to the chart for the H1, it like to a bottom of a short term, we have a chance to buy GBPCAD (after a complete confirmation). GBPCAD is forming an ascending channel , the price is trying to test 1.75670. , so we can take advantage of it, there is a 130+ pips cha
GBP/USD & GBP/CAD, H1 UK CPI was higher than expected at 3.2% y/y, up from 2.0% y/y in the previous month and versus consensus expectations for a 2.9% headline. This is the highest reading since March 2012. Core inflation also overshot expectations, coming in at a whopping 3.1% y/y in August, up
EUR/USD, USD/CAD, GBP/CAD EURUSD first resistance at 1.1810/20. Shorts need stops above 1.1835. USDCAD remains in an erratic & random sideways trend for 2 months. I have no idea how to trade the pair!!! GBPCAD edged higher to the upper end of the 5 month range. Daily analysis EURUSD first resist